]]>https://news.lendit.com/2019/01/18/announcements-releases-for-january-18-2019/feed/0XRP Gets First Official Bank Endorsementhttps://news.lendit.com/2019/01/08/xrp-gets-first-official-bank-endorsement/
https://news.lendit.com/2019/01/08/xrp-gets-first-official-bank-endorsement/#respondTue, 08 Jan 2019 20:53:23 +0000https://news.lendit.com/?p=15719Euro Exim Bank in London has announced it has embraced XRP and Ripple’s xRapid software which aims to help with liquidity and visibility problems in sending payments around the world; the bank has clients in over 80 countries and shares the details of how much friction is currently involved in the process with the need for correspondent banks; XRP acts as a bridge across borders and will allow banks to hold less money in offshore accounts, lowering currency risk; despite the good news for Ripple there are still some legal questions that are still unknown which American Banker explores. Source
]]>https://news.lendit.com/2019/01/08/xrp-gets-first-official-bank-endorsement/feed/0Announcements & Releases for December 6, 2018https://news.lendit.com/2018/12/06/announcements-releases-for-december-6-2018/
https://news.lendit.com/2018/12/06/announcements-releases-for-december-6-2018/#respondThu, 06 Dec 2018 16:35:38 +0000https://news.lendit.com/?p=15559Raisin UK now offers account courtesy of Starling

]]>https://news.lendit.com/2018/10/05/announcements-releases-for-october-5-2018/feed/0Ripple is Targeting China for Cross Border Paymentshttps://news.lendit.com/2018/08/16/ripple-is-targeting-china-for-cross-border-payments/
https://news.lendit.com/2018/08/16/ripple-is-targeting-china-for-cross-border-payments/#commentsThu, 16 Aug 2018 19:57:37 +0000http://news.lendit.com/?p=14799Ripple’s vice president of European Union strategic accounts Jeremy Light tells CNBC that the company sees China and the region as a target for cross border payments; Ripple recently did a partnership with Hong Kong based LianLian International to power their cross border transactions between China, U.S. and Europe; Ripple has started to make inroads into the region but has a long way to go in China; more than 100 financial institutions are signed up with Ripple, most use their xCurrent product to settle payments instantly. Source.
]]>https://news.lendit.com/2018/08/16/ripple-is-targeting-china-for-cross-border-payments/feed/1Ripple and Swift Battle for Cross Border Payments Supremacyhttps://news.lendit.com/2018/06/07/ripple-and-swift-battle-for-cross-border-payments-supremacy/
https://news.lendit.com/2018/06/07/ripple-and-swift-battle-for-cross-border-payments-supremacy/#respondThu, 07 Jun 2018 19:34:02 +0000http://news.lendit.com/?p=13713Ripple has made inroads into cross border payments by signing up more than 100 banks to their blockchain based system; Swift, the traditional interbank messaging service, is now beginning to fight back by making payments more efficient and testing with blockchain technology; Swift says their upgrades have led to payments being received in 30 seconds or less and blockchain technology cannot scale efficiently; Ripple says they have solved some of the scale issues when they allowed banks to connect point to point; as more banks continue to test with blockchain technologies and payments get better the rivalry is sure to grow. Source.
]]>https://news.lendit.com/2018/06/07/ripple-and-swift-battle-for-cross-border-payments-supremacy/feed/0Mike Novogratz Partners with Bloomberg on Crypto Indexhttps://news.lendit.com/2018/05/10/mike-novogratz-partners-with-bloomberg-on-crypto-index/
https://news.lendit.com/2018/05/10/mike-novogratz-partners-with-bloomberg-on-crypto-index/#respondThu, 10 May 2018 16:09:08 +0000http://news.lendit.com/?p=13292Former Goldman Sachs trader and bitcoin enthusiast Mike Novogratz has teamed up with Bloomberg to launch the Bloomberg Galaxy Crypto Index; the index is made up of the 10 most liquid cryptocurrencies with bitcoin and ether making up 30 percent, followed by Ripple at 14 percent; Novogratz tells Business Insider, “You’re starting to see more institutional participation, and what they’re looking for is this architecture — here’s an index that will feel like the S&P 500 in a few months, that people can benchmark themselves against.” Source.
]]>https://news.lendit.com/2018/05/10/mike-novogratz-partners-with-bloomberg-on-crypto-index/feed/0Blockchain Experts Cast Some Doubt on the Technologyhttps://news.lendit.com/2018/05/03/blockchain-experts-cast-some-doubt-on-the-technology/
https://news.lendit.com/2018/05/03/blockchain-experts-cast-some-doubt-on-the-technology/#respondThu, 03 May 2018 16:14:18 +0000http://news.lendit.com/?p=13173There has been a ton of hype surrounding Blockchain technology, while speaking to British Parliament’s Treasury Select Committee blockchain experts talked about the state of the technology; speakers included Ryan Zagone of Ripple, Chris Taylor of Everledger and Dr Grammateia Kotsialou from King’s College London; speakers talked about the limitations of the tech, what the technology can solve and how it is important that data added is quality data. Source.
]]>https://news.lendit.com/2018/05/03/blockchain-experts-cast-some-doubt-on-the-technology/feed/0Standard Chartered Continues to Leverage Ripple Network in Supply Chainhttps://news.lendit.com/2018/05/02/standard-chartered-continues-to-leverage-ripple-network-in-supply-chain/
https://news.lendit.com/2018/05/02/standard-chartered-continues-to-leverage-ripple-network-in-supply-chain/#respondWed, 02 May 2018 19:13:08 +0000http://news.lendit.com/?p=13162Standard Chartered is using the Ripple Network to improve the speed of payments within the bank’s supply chain; Bill Winters recently wrote in the bank’s Q1 management report, “We are using blockchain technology to streamline cross-border payments as part of the first live, real-time payments corridor between Singapore and India that we initiated in 2017. We will expand this capability to five more pairs of countries in 2018.” Source
]]>https://news.lendit.com/2018/05/02/standard-chartered-continues-to-leverage-ripple-network-in-supply-chain/feed/0